Sugar: Potential trend reversal
Updated
I am looking at Sugar futures here, it looks like we could be seeing an interesting rally coming out of this recent drop.
Oil rallying certainly lifts all commodities , and I think this one offers a particularly nice risk/reward. Ideally you can wait for a new 'Time at Mode' signal to enter, or just rush into it at the open, and then add when applicable.
Best of luck if entering longs.
Cheers,
Ivan Labrie.
Oil rallying certainly lifts all commodities , and I think this one offers a particularly nice risk/reward. Ideally you can wait for a new 'Time at Mode' signal to enter, or just rush into it at the open, and then add when applicable.
Best of luck if entering longs.
Cheers,
Ivan Labrie.
Note
I am watching, last trade failed but it can bottom very soon. The news are highly interesting, maybe enough negativity to form a bottom soon.
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